Monday, 18 January 2021

Australian Dollar Outlook: AUD/USD Breaks 20-Day SMA, Chinese FDI in Focus

AUD/USD may rise on Chinese foreign direct investment data set to cross the wires on Tuesday despite an underwhelming reaction to Chinese Q4 GDP.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...